New Carfix VLB Technology Fights Fraud In 4.8 Billion Dollar Vehicle Industry

The decentralized Vehicle Lifecycle Blockchain token is taking the world by storm. It introduces immutability and finally provides a way for repair shops, dealerships, and parts distributors to fight fraud and incoherency within the vehicle industry.

The entire 4.8 billion dollar vehicle industry is currently subject to much higher levels of crime than normal, affecting the average car owner simply in need of repairs. And instead of just repairs, vehicle owners are finding things like radiator fluid intentionally sprayed into their engine bay to look like a leak, or tar sprayed from underneath the vehicle directly onto the frame to resemble built-up accumulation.

The Carfix VLB token technology and software platform help vehicle businesses get to the bottom of how crime is happening and to what extent. The decentralized Blockchain, originally made famous by Bitcoin, is immutable. Every event that takes place in the Blockchain cannot be changed or altered without the express written consent of multiple third parties.

But how does it work? The Blockchain creates a unique cypher for each Carfix event. And for future transactions, creates a new cypher transaction code that appends "cypher bits" from ALL Carfix events previous to it, into each new transaction. So if someone attempts to alter a previously recorded Blockchain event, any further transactions within the Carfix system are automatically halted because the cypher blocks no longer match!

And that's not all Carfix is good for! Carfix eliminates "middleman" fees that don't serve a purpose! For example, to order and ship Part A, a third party warehouse has to get approval from a third party manager. Carfix, according to their terms of service, is able to link the customers directly to part distributors, not warehouses, so it can be shipped without incurring additional fees. The result? Lower prices and faster service for everyone!

Invest In Carfix Now For Big Profits

Everyone knows that anytime there's a new technology, it takes time for it to gain a foothold. If you remember the rise to success of Bitcoin, it took a long time for people to recognize it as a real technology, and not just some "flash in the pan". Initially, Bitcoin was met with MUCH criticism and hatred, because virtual currency technology was so new and influential.

Chances are, Carfix will be met with the same level of public outrage and criticism. But if you're like most people, you remember how Bitcoin evolved, and won't be shocked when people take part in opposing Carfix as a new technology. Carfix uses the same Ethereum Blockchain technology!

Investing in Carfix now, knowing how Blockchain technology is met with public opposition because of its ability to change and improve things, is a blessing! And knowing that it will bring big profits to savvy investors makes the investment decision easy. Carfix is going to change the vehicle industry in a major way, so it's up to you to purchase VLB tokens while the cost is low!

For more information please check the official website http://vlb.io/ and read the Whitepaper.